ICYMI, there were plenty of hawkish indications from European Central Bank officials on Monday:
- ECBs Makhlouf: It is too early to plan for a pause in our tightening of policy
- ECB's Villeroy on rate hikes: We have travelled most of the journey
- ECB's Schnabel: 50 basis points are not off the table
The euro inched higher, with EUR/USD piercing 1.10 again and EUR/JPY knocking on the door of its highs from late last year:
